๐Ÿšจ Market Heat News ๐Ÿšจ
Todayโ€™s Pre-Market is looking relatively BEARISH as Futures is sitting ๐Ÿ“‰ -0.51%, as we close off the first trading week in March. The market sitting ๐Ÿ“‰ -0.70% after yesterdayโ€™s loss of -0.56%! - The market is indeed continuing its decline as negative sentiment continues due to the geopolitical conflicts. MAG7 is currently sitting ๐Ÿ“‰ -5% ๐Ÿ˜ฎโ€๐Ÿ’จ - it is important to note the domino effect of this conflict - Oil is currently ๐Ÿ“ˆ 8%, which brings the current price to $85 per barrel. This price level generally indicates higher prices at the pump, typically following a rule of thumb where every $1 change in the price of crude oil changes the price of gasoline by approximately 2.4 to 2.5 cents per gallon - As this conflict continues, major global shipping companies, such as Maersk, Hapag-Lloyd, CMA CGM, and MSC, are suspending, rerouting, or halting trade operations through the Strait of Hormuz and the Red Sea. As a result, shipping companies are imposing "emergency conflict surcharges" of $2,000 to $4,000 per container, alongside increased fuel and insurance costs - Trump says he feels he should have influence in picking the next leader of Iran ๐Ÿ˜ฎโ€๐Ÿ’จ - Make sure to check Earnings and Economic Data. Inflation Data is now at 2.40% as of January 2026, with a goal of 2% - There is indeed significant ED for today. FOMC Member (Governor) Waller speaks - Average Hourly Earnings m/m , which measures the change in the price businesses pay for labor, excluding the farming industry - Core Retail Sales m/m, which measures the change in the total value of sales at the retail level, excluding automobiles - Non-Farm Employment Change, measures the change in the number of employed people during the previous month, excluding the farming industry - Retail Sales m/m, which measures the change in the total value of sales at the retail level - Unemployment Rate, which gives us the percentage of the total work force that is unemployed and actively seeking employment during the previous month! - Either way, when you see the opportunity, TAKE YOUR GAINSโ€ผ๏ธ The market does not care how smart you sound, ONLY how Disciplined you are! Remember to protect your Capitol, you will need it to trade tomorrow! โค๏ธ๐Ÿซก
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Neil Blyther
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๐Ÿšจ Market Heat News ๐Ÿšจ
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